The Adaro Blog

China imports 300m tonnes of coal in 2019 as prices tumble
January 27, 2020, 7:11 pm
Chinese coal imports jumped 7% last year to 300m tonnes as international prices for the fuel plunged to levels too attractive to resist, despite government intentions to keep foreign purchases flat. The world’s biggest coal consumer managed to squeak its total imports in under an...
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US coal-fired power generation totals 75.6 TWh in November, down 18.7% on year: EIA
January 27, 2020, 7:08 pm
Houston — US coal-fired power generation totaled 75.6 TWh in November, down 18.7% on year but up 13.1% from October, Energy Information Administration data showed Monday. It was the first month-on-month increase since July. From the five-year average of about 95.5 TWh produced in...
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US thermal, met coal outlook negative on weak pricing and dropping demand: Moody’s
January 24, 2020, 6:40 pm
Moody’s Investor Services issued a negative outlook for US coal markets, driven by weak coal pricing in thermal and met markets, in addition to dropping domestic and export demand. “Coal pricing remains weak in early 2020, with no clear catalyst for improvement during the year after...
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Declining gas prices drive drops in US coal production and demand in 2020: Platts Analytics
January 23, 2020, 5:31 pm
Houston — Declining natural gas prices continue to drive coal demand down, leading to projections of US coal production totaling near 500 million st in 2020, S&P Global Platts Analytics said in a report. "Due to an extraordinarily mild January, our heating-season gas price outlook...
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Coal Industry Near-Term Outlook Dulled by Falling Demand
January 22, 2020, 6:58 pm
The Zacks Coal industry comprises companies that are involved in the discovery and mining of coal. Depending on the deposit, coal is mined by either opencast or underground method. Coal is valued for its energy content and used worldwide to generate electricity, and in steel and cement...
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Thermal coal prices set for recovery this year as oversupply tightens
January 21, 2020, 5:41 pm
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian countries grows and oversupply tightens due to financing constraints for new capacity. Investors widely anticipate the slow demise of coal use due to...
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Adaro (ADRO) Siap Ekspansi ke Bisnis Energi Baru Terbarukan
January 20, 2020, 5:45 pm
KONTAN.CO.ID - JAKARTA. PT Adaro Energy Tbk (ADRO) mulai melirik bisnis energi baru terbarukan (EBT). Namun, sejauh ini bisnis energi hijau itu baru digunakan internal Adaro. Wakil Presiden Direktur PT Adaro Power Dharma Djojonegoro bilang, Adaro saat ini tengah memasuki uji kelayakan...
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Yancoal predicts coal volatility in 2020
January 17, 2020, 6:54 pm
Yancoal has temporarily suspended operations at several Hunter Valley mines in New South Wales for a few days due to poor air quality resulting from bushfires. Dust and bushfire smoke delays impacted overburden activities at the Mount Thorley Warkworth mine, which is just out of Singleton,...
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Climate activists dump coal inside Swiss bank UBS
January 15, 2020, 6:51 pm
GENEVA (Reuters) - Swiss climate activists dumped coal inside a branch of bank UBS on Tuesday to protest against its funding of fossil fuel projects, a day after a judge acquitted 12 climate protesters over a stunt inside Credit Suisse. A witness said 20-30 activists took part in Tuesday’s...
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Amankan Pasokan Batu Bara, PLN Ikat Kontrak Jangka Panjang
January 13, 2020, 5:40 pm, JAKARTA - PT PLN (Persero) menyatakan telah melakukan kontrak jangka panjang dengan waktu kurang lebih 5 tahun untuk memenuhi kebutuhan batu bara yang terus naik. Adapun hingga akhir 2019, telah terjadi peningkatan tambahan kapasitas pembangkit listrik tenaga uap (PLTU) hingga 3.017...
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